Compare two vehicles using the same annual mileage and ownership period. Include purchase-price differences, gasoline or electricity use, and annual maintenance assumptions.
Gas vs EV Cost Calculator
Compare equivalent vehicles
Choose vehicles that reasonably meet the same needs. Use actual transaction prices after incentives when available, the same annual mileage, and realistic local energy prices. Keep financing separate unless the loan offers are also comparable.
What is included
For each vehicle, the estimate combines purchase price with energy and maintenance over the selected years. It does not automatically include insurance, tax credits, registration differences, home-charger installation, resale value, or financing interest.
Run more than one scenario
Energy prices and annual mileage can change the result. Try low-, expected-, and high-mileage cases. EV economics may improve for drivers who charge at home at low rates, while frequent public fast charging can narrow the difference.
Check eligibility for incentives
Vehicle and buyer eligibility rules can change. Confirm any federal, state, local, utility, or manufacturer incentive with the official program before including it in a purchase decision.
Gas vs EV Cost Calculator FAQs
Does the comparison include tax incentives?
No. Incentive rules and eligibility can change. Confirm them through the official program and adjust the vehicle price only when eligibility is verified.
Does it include insurance and resale value?
No. Insurance, registration differences, financing, charger installation, and resale value should be compared separately.
What EV electricity rate should I enter?
Use your expected blended cost. If most charging is at home, start with the utility rate; include a higher share if public fast charging will be frequent.
How should I choose annual maintenance estimates?
Use the manufacturer schedule, local service pricing, warranty coverage, tire costs, and repair history for comparable vehicles. Test more than one scenario.